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Listed by Jerome Ettingerof Ettinger Realty, Ltd.
$495,000
Est. payment /mo
9,940 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 9,940 sqft
Price per Sqft $49
MLS Listing ID 12521774
Year Built 1923
Annual Tax Amount $35,887
Tax Year 2024
Lot Dimensions 99 x 125
Property Sub-Type Industrial
Property Description
Rare opportunity to acquire a 9,940 SF industrial flex building on a 13,733 SF landsite directly adjacent to the CTA Purple Line's South Boulevard Station in Southeast Evanston. Built in 1923 and zoned B-1, this one- and part two-story property offers 7,100 SF of ground-floor space leased to long-established Lake City Cleaners, plus an additional 2,800 SF of second-floor space currently vacant and ready for a new user. Also included is a 20-car parking lot with curb cuts on both Callan Avenue and Oakton Street providing excellent access and functionality as well as future development potential. This asset is ideal for investors seeking stable in-place income with significant upside, or developers looking to create value through renovation, reconfiguration, or new construction on a prominently located, transit-oriented site.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling None
Flooring Concrete
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Water Available
View Y/N true
Roof Type Membrane
Building
Foundation Concrete Perimeter
Structure Type Brick,Concrete
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 226-4848 | joanna@boutiquehomerealty.com